Offsetting Versus Mitigation Activities to Reduce class="a-plus-plus inline-equation id-i-eq1"> class="a-plus-plus equation-source format-t-e-x" xmlns:search="http://marklogic.com/appservices/search">\(\hbox {CO}_{2}\) Emissions: A Theoretical and Empirical Analysis for the U.S. and Germany

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• 作者：Andreas Lange ; Andreas Ziegler
• 关键词：Public good ; Voluntary provision ; Climate change ; \(\hbox {CO}_{2}\) ; offsetting ; Vehicle purchase ; Discrete choice models
• 刊名：Environmental and Resource Economics
• 出版年：2017
• 出版时间：January 2017
• 年：2017
• 卷：66
• 期：1
• 页码：113-133
• 全文大小：
• 刊物类别：Business and Economics
• 刊物主题：Environmental Economics; Environmental Law/Policy/Ecojustice; Economic Policy; Economics, general; Environmental Management;
• 出版者：Springer Netherlands
• ISSN：1573-1502
• 卷排序：66

文摘

This paper studies the voluntary provision of public goods that is partially driven by a desire to offset for individual polluting activities. We first extend existing theory and show that offsets allow a reduction in effective environmental pollution levels while not necessarily extending the consumption of a polluting good. We further discuss the impact of an increased environmental preference on purchases of offsets and mitigation activities. Several theoretical results are then econometrically tested using a novel dataset on activities to reduce \(\hbox {CO}_{2}\) emissions for the case of vehicle purchases in the U.S. and Germany. We show that environmental preference triggers the stated use of \(\hbox {CO}_{2}\) offsetting and mitigation channels in both countries. However, we find strong country differences for the stated purchase of \(\hbox {CO}_{2}\) offsets. While such activities are mainly triggered by a high general awareness of the climate change problem in the U.S., the perception that road travel is responsible for \(\hbox {CO}_{2}\) emissions to a large extent is more important for driver’s license holders in Germany.